All articles by Subscriber-only – Page 8
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NewsXylem Q2 revenues up 26%
Rule, Jabsco and Flojet parent raises full-year guidance on strong earnings despite softer performance in leisure marine segment
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NewsNathaniel Rothschild appointed chairman of Nobiskrug parent
The British banker’s 73m explorer yacht is also up for sale at £79.3m
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NewsFurther market softness predicted by Brunswick CEO, but company positioning itself for recovery in 2025
Investors respond positively following last week’s earnings call
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NewsAkzoNobel reports third consecutive quarter of growth
Dutch paint and coatings giant releases Q2 financials
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NewsPolish builder to introduce new model, open new production hall
The Stillo 31 will have its official premiere this autumn
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NewsOXE Marine in discussions with bond holders, EIB on potential restructure
Diesel outboard maker says it is looking to grow without working capital constraints
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NewsBank of Canada cuts interest rate for second straight month
Further rate reductions anticipated as inflation continues to ease and boat sector plans for 2025
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NewsPolish builder to roll out new boat range
Balt-Yacht says it has ambitious plans for the future as it unveils its latest motoryacht
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NewsMarineMax revenue up, profits down for FQ3
US boat and yacht retailer maintains guidance for 2024
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NewsBrunswick Q2 revenues down 15%
Slow retail sales lead to second-quarter results falling “slightly below expectations” for world’s largest boat, engine and marine equipment builder
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NewsTough Q2 for Marine Products Corp
US boatbuilder reports 40% YoY revenue decrease as dealers continue facing high inventory finance costs
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NewsDutch builder forms refit division
The team has already welcomed J-Class yacht Hanuman for an extensive refit
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NewsPlans to strengthen Ancona’s yachting links
New collaboration to provide space for yacht-building and boost local yacht tourism
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NewsFormer Florida shipyard to become marina and mixed-use development
Jacksonville City Council approves rezoning and land use amendment
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NewsGovernment figures show Canadian luxury tax a failure
Justin Trudeau’s luxury tax on boats, autos and private aircraft directly attributed to job losses while failing to meet revenue projections
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NewsPhuket looks to boost superyacht tourism
New policy aimed at making Thailand a world-class maritime tourism destination
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NewsPolaris Q2 revenues down 12%
Marine sales decrease 40% YoY while maintaining share in key pontoon segment
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NewsPortuguese marina expands to make way for superyachts
The project is expected to cost between €12m-€14m
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NewsCandela reports growing deficit as losses mount
But sales of Swedish builder’s new electric ferry could change the situation
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NewsGerman yard seeks partner with aluminium expertise
Talks held with various shipyards to evaluate where to build new 55ft sailing catamaran
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